The large number of new Aulani resale contracts??

[AstroBlasters]

Nope. My 50 pointer I secured just passed ROFR. The other I bid on we couldn't come to a deal. This one I started talks with them back in early September.

Yeah… I’ll bet they are coming back to you…. look at the inventory that have to compete against now….

 

[Jimmy Geppetto]

Yeah… I’ll bet they are coming back to you…. look at the inventory that have to compete against now….

I made an offer on a BWV contract back in August that was declined. Came back to me in September for which I lowered my offer again (the one in August is off the table as far as I’m concerned) and they accepted. Details to follow once seller submits closing docs.

I’m not stalking you @AstroBlasters! Just have similar taste in DVC resorts.

 

[lilsonicfan]

I received confirmation that one large seller seems to be unloading contracts.

Is that seller.... the board sponsor?? Just kidding

 

[VGCgroupie]

Is that seller.... the board sponsor?? Just kidding

Didn't just lol I literally laughed out loud.

 

[TinkAgainU]

It looks like someone listed their contracts with multiple brokers. Notice the duplication in AUL-S with the same UY and number of points…..

There is at least one Broker who actively solicits listings even with other brokers. I've gotten emails from her suggesting I co-list (she did mention, only if non exclusive). It would seem to "hurt" the Seller to go with multiples since it seems savvy buyers know there is usually at least one aggregator site (www.dvcforless.com right now, for example). Listing with mutliple Brokers just make it look Exactly like this - like there is a huge dump of contacts for some reason.

 

[AstroBlasters]

I made an offer on a BWV contract back in August that was declined. Came back to me in September for which I lowered my offer again (the one in August is off the table as far as I’m concerned) and they accepted. Details to follow once seller submits closing docs.

I’m not stalking you @AstroBlasters! Just have similar taste in DVC resorts.

@Jimmy Geppetto

It’s an honor to know that you take the time to read my posts.

 

[AstroBlasters]

Is that seller.... the board sponsor?? Just kidding

Let’s just say that I followed journalistic principles and didn’t post until I had at least 2 sources. (FYI I am not a journalist)

 

[TinkAgainU]

Chat GPT's two cents worth ... keep in mind HOW you word the question matters, of course:

Are changes in the AirBNB laws likely to affect timeshares in Oahu like Aulani?

ChatGPT said:​

Yes, changes in Airbnb laws and short-term rental regulations in Oahu, Hawaii, could potentially impact timeshares like Aulani, though the effects might vary depending on the specifics of the law.

1. New Oahu Short-Term Rental Law: Honolulu passed Ordinance 22-7 in 2022, which significantly tightened regulations on short-term rentals. It extended the minimum rental period for properties outside designated resort zones from 30 days to 90 days, making it more difficult for homeowners to rent their properties for shorter vacation stays. This change primarily targets privately owned vacation homes and Airbnb-type rentals outside resort areas.
2. Impact on Timeshares: While timeshare properties like Aulani operate within designated resort zones and cater primarily to DVC members, the stricter laws could still affect the broader short-term rental market in Oahu. If stricter enforcement limits private vacation rentals, demand for resort stays—including timeshares—could increase. However, individual owners who rent out their DVC points to non-members might need to be cautious about local regulations if they fall under the definition of short-term rentals.
3. Potential Increase in Demand for Legal Rentals: With fewer legal short-term rental options available outside resort zones, tourists may turn to resorts like Aulani for their accommodations, which could make DVC points for this property more valuable. On the flip side, it could also create more competition for bookings among DVC members, as tourists seek out compliant resort-based stays.
4. Uncertainty for Owners Renting Out Points: If DVC members try to rent their Aulani points through platforms like Airbnb or private rental markets, they may face complications due to changing laws. Any owners considering renting out their timeshare weeks should stay updated on local rental ordinances to avoid fines or penalties.

In summary, the new laws primarily target private short-term rental homes, but they could have indirect effects on timeshare markets like Aulani by changing the supply and demand dynamics of vacation rentals in Oahu.

 

[disneylandtour]

If our friend CHAT is right, there may soon be a fire sale on Aulani contracts.

 

[VGCgroupie]

Chat GPT's two cents worth ... keep in mind HOW you word the question matters, of course:

Are changes in the AirBNB laws likely to affect timeshares in Oahu like Aulani?

ChatGPT said:​

Yes, changes in Airbnb laws and short-term rental regulations in Oahu, Hawaii, could potentially impact timeshares like Aulani, though the effects might vary depending on the specifics of the law.

1. New Oahu Short-Term Rental Law: Honolulu passed Ordinance 22-7 in 2022, which significantly tightened regulations on short-term rentals. It extended the minimum rental period for properties outside designated resort zones from 30 days to 90 days, making it more difficult for homeowners to rent their properties for shorter vacation stays. This change primarily targets privately owned vacation homes and Airbnb-type rentals outside resort areas.
2. Impact on Timeshares: While timeshare properties like Aulani operate within designated resort zones and cater primarily to DVC members, the stricter laws could still affect the broader short-term rental market in Oahu. If stricter enforcement limits private vacation rentals, demand for resort stays—including timeshares—could increase. However, individual owners who rent out their DVC points to non-members might need to be cautious about local regulations if they fall under the definition of short-term rentals.
3. Potential Increase in Demand for Legal Rentals: With fewer legal short-term rental options available outside resort zones, tourists may turn to resorts like Aulani for their accommodations, which could make DVC points for this property more valuable. On the flip side, it could also create more competition for bookings among DVC members, as tourists seek out compliant resort-based stays.
4. Uncertainty for Owners Renting Out Points: If DVC members try to rent their Aulani points through platforms like Airbnb or private rental markets, they may face complications due to changing laws. Any owners considering renting out their timeshare weeks should stay updated on local rental ordinances to avoid fines or penalties.

In summary, the new laws primarily target private short-term rental homes, but they could have indirect effects on timeshare markets like Aulani by changing the supply and demand dynamics of vacation rentals in Oahu.

SO interesting! I need to learn how to play with ChatGPT

 

[TinkAgainU]

SO interesting! I need to learn how to play with ChatGPT

Honestly, pretty much Google but more interactive - meaning you can ask what I think of as cascading questions and it recalls previous answers so you can say Why is that so? Also, for example, if you ask Google "Is Bigfoot Real" versus "Is Bigfoot Fake" you might get referred to different websites which basically support that view, but Chat GPT might give you a little more of an overview answer. Might still be wrong or basically biased, but seems to pull info from more than one source. Plus, if you ask for a photo of Bigfoot on a bicycle, it can make one up for you. Not saying that's useful lol.

 

[AstroBlasters]

Chat GPT's two cents worth ... keep in mind HOW you word the question matters, of course:

Are changes in the AirBNB laws likely to affect timeshares in Oahu like Aulani?

ChatGPT said:​

Yes, changes in Airbnb laws and short-term rental regulations in Oahu, Hawaii, could potentially impact timeshares like Aulani, though the effects might vary depending on the specifics of the law.

1. New Oahu Short-Term Rental Law: Honolulu passed Ordinance 22-7 in 2022, which significantly tightened regulations on short-term rentals. It extended the minimum rental period for properties outside designated resort zones from 30 days to 90 days, making it more difficult for homeowners to rent their properties for shorter vacation stays. This change primarily targets privately owned vacation homes and Airbnb-type rentals outside resort areas.
2. Impact on Timeshares: While timeshare properties like Aulani operate within designated resort zones and cater primarily to DVC members, the stricter laws could still affect the broader short-term rental market in Oahu. If stricter enforcement limits private vacation rentals, demand for resort stays—including timeshares—could increase. However, individual owners who rent out their DVC points to non-members might need to be cautious about local regulations if they fall under the definition of short-term rentals.
3. Potential Increase in Demand for Legal Rentals: With fewer legal short-term rental options available outside resort zones, tourists may turn to resorts like Aulani for their accommodations, which could make DVC points for this property more valuable. On the flip side, it could also create more competition for bookings among DVC members, as tourists seek out compliant resort-based stays.
4. Uncertainty for Owners Renting Out Points: If DVC members try to rent their Aulani points through platforms like Airbnb or private rental markets, they may face complications due to changing laws. Any owners considering renting out their timeshare weeks should stay updated on local rental ordinances to avoid fines or penalties.

In summary, the new laws primarily target private short-term rental homes, but they could have indirect effects on timeshare markets like Aulani by changing the supply and demand dynamics of vacation rentals in Oahu.

I don’t think it could have been said any better.

I actually think this could make Aulani points a lot more valuable….

Ko Olina is unique (like Waikiki) in that it is a special district

 

[VGCgroupie]

Honestly, pretty much Google but more interactive - meaning you can ask what I think of as cascading questions and it recalls previous answers so you can say Why is that so? Also, for example, if you ask Google "Is Bigfoot Real" versus "Is Bigfoot Fake" you might get referred to different websites which basically support that view, but Chat GPT might give you a little more of an overview answer. Might still be wrong or basically biased, but seems to pull info from more than one source. Plus, if you ask for a photo of Bigfoot on a bicycle, it can make one up for you. Not saying that's useful lol.

"chat gpt is DVC a good investment"

 

[VGCgroupie]

I don’t think it could have been said any better.

I actually think this could make Aulani points a lot more valuable….

Ko Olina is unique (like Waikiki) in that it is a special district

Thats what I thought, I was like did Chat GPT just tell me I should buy more Aulani?

 

[Jimmy Geppetto]

So I’ve been around DISboards for a while… and I am completely astonished that with all this speculation the only thing we can come up with is higher MFs? What happened to the “Disney may be selling Aulani” group? Come on.. you know who you are. Remember… an investment banker overheard it during a lunch in NYC?

If we are going to speculate and scare ourselves, let’s make it good!

 

[CarolynFH]

Ko Olina is unique (like Waikiki) in that it is a special district

That’s good for Aulani. On the TUG Hawaii Timesharing forum there’s legitimate concern about some of the changes in regulations - not just short-term rentals but also property taxes, etc. - that can adversely affect timeshare ownership and rentals.

 

[AstroBlasters]

That’s good for Aulani. On the TUG Hawaii Timesharing forum there’s legitimate concern about some of the changes in regulations - not just short-term rentals but also property taxes, etc. - that can adversely affect timeshare ownership and rentals.

 

[VGCgroupie]

Aulani has been an emotional roller coaster for me the last couple days

 

[AstroBlasters]

Aulani has been an emotional roller coaster for me the last couple days

Just think about the lazy river and the coconut mint mojitos….

 

[Jimmy Geppetto]

Just think about the lazy river and the coconut mint mojitos….

Do you think the new owners will close the lazy river or keep it?